From the 4-hour analysis, the upper resistance is around 3055-60 in the short term. If the pullback does not break this position, the decline will remain unchanged. The lower target continues to break the bottom. The short-term long and short strength watershed is 3077-3085. Before the daily level breaks through and stands on this position, any pullback is a short-selling opportunity. The main tone of participating in the trend remains unchanged.
Gold operation strategy:
Gold rebounds at 3056-3060, short line, rebounds at 3077-85, covers short position, stop loss at 3089, target 2985-2990 line, continue to hold if position is broken;
Gold operation strategy:
Gold rebounds at 3056-3060, short line, rebounds at 3077-85, covers short position, stop loss at 3089, target 2985-2990 line, continue to hold if position is broken;
Trade active
Operation strategy:1. It is recommended to buy gold around 3052, stop loss at 3042, and target at 3080;
2. It is recommended to sell gold around 3086, stop loss at 3096, and target at 3056;
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.